Volume: 37
Publisher: Jil Scientific Research Center
Page Numbers: 131
Publication Date: 2020
Publication Name: Jil Research Center
Institutional arbitration arose at the end of the nineteenth century and developed rapidly, especially in the area of international trade. Several centers were established, often from the private sector, specialized for this purpose, especially with the development of disputes and the prevalence of resorting to these centers by including a clause in international contracts requiring asylum. Institutional arbitration is considered a form of arbitration characterized by several characteristics and effects that distinguish it from free arbitration, which is historically evident. Accordingly, we will try to expose the legal system to institutional maritime arbitration, by defining its concept examining its most important characteristics, and the problems that arise, and distinguishing it from the arbitration.